基于社员正规融资的农民合作社增信研究

发布时间：2018-01-02 02:02

  本文关键词：基于社员正规融资的农民合作社增信研究　出处：《中国农业大学》2016年博士论文　论文类型：学位论文

  更多相关文章： 农民合作社 社员 增信 正规融资 利益联结

【摘要】：农民正规融资困难一直是农村金融研究领域探讨的热点问题。自实施农业产业化政策发展以来,我国农村不断涌现出组织化解决农民融资约束的创新,特别是实践中农民合作社这一组织形式逐渐显现出促进农民获得贷款的能力,成为本文展开研究的重要原因。农民合作社是农业产业化发展下最为重要的组织化形式之一,服务社员是其主要的功能。本文是对农民合作社从农业产业化的组织功能到农村金融市场的中介功能、从为社员提供经济服务到金融服务的功能延伸探讨,拓展了农民合作社组织的金融性功能。因此,本研究对于缓解农民正规融资约束、提高利用农民合作社组织的效率、提升农民合作社综合能力具有重要意义。本研究在对全国五省(皖、鲁、浙、黑、川)123家农民合作社和574名社员抽样实地调查的基础上,探讨了农民合作社在社员正规融资活动中为社员增信的相关问题。全文主要探讨的问题分为3个：(1)为什么农民合作社能够增信?(2)农民合作社怎样为社员增信?(3)如何提升农民合作社的增信水平?通过理论分析,本文阐释了农民合作社增信的机制,一是在社员获贷前成为融资信息的传递者,减轻金融机构与社员间的信息不对称、降低交易成本；二是在社员获贷后作为履约的监督者,利用声誉机制和关联交易对其形成有效制约,降低金融机构对交易不确定性的预期。通过归纳分析实践中的增信运作模式,本文对农民合作社怎样为社员增信进行了解构与探讨。按照是否承担还款连带责任,增信运作模式可分为三类：转贷模式、承担社员借贷还款连带责任模式、不承担社员借贷还款连带责任模式。分析发现,农民合作社增信存在差异,主要与利益联结机制设计有关。利益联结机制不同,农民合作社的增信能力不同：社员与合作社紧密的利益联结更加有利于社员正规融资的获得。本文在对农民合作社增信能力评估量化、增信效果现实检验的实证研究基础上,探讨了如何提升农民合作社增信水平。在实证研究步骤上,本文首先构建了农民合作社增信能力的指标体系,运用结构方程模型的二阶因子分析对样本农民合作社的增信影响力进行估值；接着运用结构方程模型的路径分析构建了社员正规融资模型,并将农民合作社增信的影响引入该模型中,完成对增信效果的现实检验。结果发现,实践中农民合作社增信已经对社员正规融资的获得发挥了促进作用；但在成员结构异质的发展下,增信的促进作用对理事长与核心社员的效果更为明显。为此,本研究提出构建紧密的利益联结机制以强化农民合作社增信的建议。
[Abstract]:The formal financing difficulties has been a hot issue in research field of rural finance. Since the implementation of the policy of agricultural industrialization development, China's rural areas continue to emerge out of organization innovation to solve the financing constraints, especially in the practice of farmer cooperative organization form that gradually promote the ability of farmers to obtain loans, become an important reason for study this is the farmers' cooperatives. The development of agricultural industrialization under one of the most important forms of organization, service members are the main functions of farmer cooperatives. This article is from the intermediary function of agricultural industrialization organization function to the rural financial market, extending from the economy to provide a service to financial services for members of the function to expand the farmer cooperative organization's financial function. Therefore, the research for the mitigation of farmers' formal financing constraints, improve the utilization of farmer cooperative organization Efficiency is of great significance to enhance farmers' cooperatives comprehensive ability. This research is based on the national five provinces (Anhui, Zhejiang, Shandong, black, Sichuan) based 123 farmer cooperatives and 574 members of sampling investigation, discusses the farmer cooperatives in the regular members in financing activities for members to increase trust related issues. This thesis mainly discusses the problem is divided into 3 parts: (1) why farmers cooperatives can increase trust? (2) how to increase farmers' cooperatives members? (3) how to improve the credit level of farmer cooperatives? Through theoretical analysis, this paper explains the mechanism of farmer cooperatives will become a transfer, is financing information in the loan before the members and to reduce the information asymmetry between the members and financial institutions, reduce the transaction cost; two is on loan after the performance of members as supervisor, by reputation mechanism and related transactions to the formation of effective control, reduce the financial institutions to trade The expected uncertainty. Through the credit operation mode analysis in the practice of deconstruction and discussed in this paper how members credit cooperatives for farmers. According to whether to bear the repayment liability, credit operation mode can be divided into three categories: lending model, assume joint liability lending members payment mode, do not assume joint liability loan repayment members model analysis showed that farmers cooperatives credit are different, and the main benefit mechanism design. The profit mechanism, farmers cooperatives credit ability of different interests: the connecting member and cooperation more closely in favor of members of formal financing. Based on the quantitative evaluation of farmers' cooperatives credit capacity, an empirical study by letter effect reality check on the basis, discusses how to improve farmers' cooperatives credit level. In the empirical research steps, this paper constructs the agricultural The index system of credit cooperative ability, two second-order factors using structural equation model analysis of the valuation of the sample farmers cooperatives Trust influence; path analysis and structural equation modeling is used to construct the membership of formal financing model, and will affect the improvement of farmer cooperatives is introduced in the model, complete the reality check on the improvement effect. Results in practice, farmers' cooperatives credit has played a role in promoting access to members of formal financing; but in the development of members of the heterogeneous structure, the effect of further promoting effect on the director and the core members of the more obvious. Therefore, the construction of the benefit mechanism closely to strengthen farmers' cooperatives credit advice in this study.

【学位授予单位】：中国农业大学
【学位级别】：博士
【学位授予年份】：2016
【分类号】：F321.42
，

本文编号：1367160